STMicroelectronics' 2020 Fourth Quarter and Full Year Net Revenues Reach $10.22 Billion

STMicroelectronics' 2020 fourth quarter and full-year financial report shows that net revenue in the fourth quarter was US$3.24 billion, gross profit margin was 38.8%, and net profit was US$582 million. Full-year net revenue was US$10.22 billion, gross profit margin was 37.1%, and net profit was US$1.11 billion. Net revenue in the first quarter of 2021 is expected to be US$2.93 billion, and gross profit margin is expected to be 38.5%.